BCR Card Sales

Used Auto Loan

Investment plan:

·         Purchase of used vehicle.

BCR Used Auto Loan Main Features:


Colones and Dollars

Minimum financing amount

Equal to  $1,000.00

Maximum financing amount:

Upon payment capacity and guarantee


1.5% formalization commission for used vehicles.

Note: We apply a 50% commission to individuals whose salary or pension is deposited in an account of the BCR.

3% in-advance payment commission*

* Applies to loans higher than $10 000 over extraordinary installment applied as principal amortization of total payment.

Máximum financing percentage:

Pledge Used Auto: 80%




Interest Rate

Pledge Used Auto Loan

5 years

TBP + 7%.






Interest Rate

Pledge Used Auto Loan

5 years

Prime Rate + 8%.



Other conditions:

For colones loan:

  • Policy (coverage under rules)
  • Minimum new auto value: equal to $12.000,00
  • Minimum used auto value: equal to $5.000,00
  • For used auto with pledge guarantee, total loan term plus vehicle age shall never exceed 12 years.  Minimum term is a year and maximum term is 5 years. 

For loan in dollars:

  • Policy (coverage under rules)
  • Minimum value of used or new auto (1):  equal to $12,000.00.  Models no older than 5 years and with medium high or superior liquidity.
  • When dealing with used auto financing with pledge guarantee total loan term plus auto age shall never exceed 12 years.  Minimum term is of one year and maximum amount of 5 years.

For Foreigner Customers:

Permanent Resident – Free of condition

- Submission of residence card copy with name and signature of officer where certifies he reviewed original document.

- Upon amount and age, requirements are the same as for Costa Rican citizens (review chart of insurance capability requirements).

Request now your loan in any of our BCR

Review requirements


Interest Rate Liability Disclaimer

Interest rates are object to change at any time without previous notice due to financial market changes.  For such a reason, information included in current web site is for reference purposes only.  Any rate related to a specific transaction or business, shall be the effective rate as of formalization date.

For further information regarding interest rates, please call Customer Service Department at (506) 2211-1111 or write to CentroAsistenciaBCR@bancobcr.com


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